Renaissance Global (NSE:RGL) Cyclically Adjusted PB Ratio: 1.11 (As of Jul. 30, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RGL Renaissance Global Ltd NSE:RGL
55 GF Score
Price ₹121.06
GF Value ₹65.08
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Renaissance Global Cyclically Adjusted PB Ratio?

Renaissance Global NSE:RGL +4.13% 55 Cyclically Adjusted PB Ratio is 1.11 as of Jul. 30, 2026, which is 9% below its 10-year median of 1.22. GuruFocus rates NSE:RGL with a GF Score™ of 55/100 and a GF Value™ of ₹65.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 808 Retail - Cyclical companies, Renaissance Global ranks better than 53.71% on this metric.

As of today (2026-07-30), Renaissance Global's current share price is ₹121.06. Renaissance Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹108.67. Renaissance Global's Cyclically Adjusted PB Ratio for today is 1.11.

The historical rank and industry rank for Renaissance Global's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:RGL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.22   Max: 2.66
Current: 1.09

During the past years, Renaissance Global's highest Cyclically Adjusted PB Ratio was 2.66. The lowest was 0.69. And the median was 1.22.

NSE:RGL's Cyclically Adjusted PB Ratio is ranked better than
53.71% of 808 companies
in the Retail - Cyclical industry
Industry Median: 1.245 vs NSE:RGL: 1.09

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Renaissance Global's adjusted book value per share data for the three months ended in Mar. 2026 was ₹140.574. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹108.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Renaissance Global  (NSE:RGL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Renaissance Global Cyclically Adjusted PB Ratio Related Terms


Renaissance Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Renaissance Global's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Renaissance Global Cyclically Adjusted PB Ratio Chart

Renaissance Global Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 1.00 1.09 1.24 0.90

Renaissance Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 0.00 1.09 0.00 0.90

NSE:RGL vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Renaissance Global's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Renaissance Global Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Renaissance Global's Cyclically Adjusted PB Ratio falls into.


NSE:RGL
55GF Score
Renaissance Global Ltd NSE:RGL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renaissance Global Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Renaissance Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=121.06/108.67
=1.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Renaissance Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Renaissance Global's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=140.574/164.2724*164.2724
=140.574

Current CPI (Mar. 2026) = 164.2724.

Renaissance Global Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 50.172 105.961 77.782
201612 0.000 105.196 0.000
201703 53.701 105.196 83.859
201706 0.000 107.109 0.000
201709 56.571 109.021 85.241
201712 0.000 109.404 0.000
201803 58.168 109.786 87.036
201806 0.000 111.317 0.000
201809 59.329 115.142 84.644
201812 68.254 115.142 97.378
201903 70.414 118.202 97.858
201906 71.874 120.880 97.675
201909 72.953 123.175 97.294
201912 0.000 126.235 0.000
202003 74.072 124.705 97.574
202006 79.032 127.000 102.226
202009 83.050 130.118 104.850
202012 88.256 130.889 110.766
202103 89.297 131.771 111.323
202106 0.000 134.084 0.000
202109 94.680 135.847 114.491
202112 0.000 138.161 0.000
202203 97.879 138.822 115.823
202206 98.414 142.347 113.572
202209 99.106 144.661 112.542
202212 0.000 145.763 0.000
202303 108.686 146.865 121.569
202306 0.000 150.280 0.000
202309 112.026 151.492 121.477
202312 0.000 152.924 0.000
202403 119.475 153.035 128.248
202406 0.000 155.789 0.000
202409 124.359 157.882 129.392
202412 0.000 158.323 0.000
202503 129.723 157.552 135.257
202506 0.000 159.755 0.000
202509 134.639 162.289 136.284
202512 0.000 163.281 0.000
202603 140.574 164.272 140.574

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.11 mean?
Renaissance Global (NSE:RGL) has a Cyclically Adjusted PB Ratio of 1.11 as of Jul. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Renaissance Global and its competitors. This is near median its historical median of 1.22. Over the past decade, Renaissance Global's Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.66. According to the industry distribution chart, Renaissance Global ranks #374 out of 808 companies in the Retail - Cyclical industry, placing it in the top 46.3%.
Is Renaissance Global's Cyclically Adjusted PB Ratio too high?
Renaissance Global's current Cyclically Adjusted PB Ratio of 1.11 is near median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.66. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Renaissance Global's value of 1.11 is 10.8% below this industry median. Based on the distribution chart, Renaissance Global ranks #374 out of 808 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Renaissance Global has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renaissance Global's Cyclically Adjusted PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Renaissance Global ranks #374 out of 808 companies for Cyclically Adjusted PB Ratio. This puts Renaissance Global in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Renaissance Global's value of 1.11 is 10.8% below this benchmark. Historically, Renaissance Global's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.66 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.25, Renaissance Global has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 808 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Renaissance Global's current Cyclically Adjusted PB Ratio of 1.11 is 10.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Renaissance Global and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance Global's current Cyclically Adjusted PB Ratio is 1.11, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance Global stock overvalued right now?
Based on GuruFocus' analysis, Renaissance Global (NSE:RGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹65.08, compared to a current price of ₹121.06 — trading 86% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.11, which is near median its 10-year median of 1.22 and 10.8% below the Retail - Cyclical industry median of 1.25. Renaissance Global's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Renaissance Global (NSE:RGL), the current Cyclically Adjusted PB Ratio is 1.11 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Renaissance Global (NSE:RGL) Overvalued in 2026?

Based on GuruFocus' analysis, Renaissance Global stock appears to be overvalued. The current stock price of ₹121.06 is trading 86% above its estimated GF Value™ of ₹65.08. GuruFocus considers Renaissance Global to be Significantly Overvalued.

Key valuation signals for NSE:RGL:

  • Cyclically Adjusted PB Ratio: 1.11 (near median its 10-year median of 1.22)
  • GF Value™: ₹65.08 vs. price of ₹121.06 (86% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 10.8% below the Retail - Cyclical median (#374 of 808)

No single metric tells the full story. See the NSE:RGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renaissance Global Business Description

Other Exchanges 532923:India
Address Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.
55GF Score

Get the complete analysis for NSE:RGL

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹121.06
Price
₹65.08
GF Value